Q: When are property taxes due for the current fiscal year?
A: Property taxes are due in two installments: the first half by September 1st and the second half by March 1st of the following year. A 2.5% discount applies if the first installment is paid by September 1st, and 2.5% discount on the second installment if paid by March 1st.
Q: What tax credits are available and how do I apply?
A: Fayette County offers several tax credits including the Homestead Credit (up to $20,000 assessed value reduction for owner-occupied properties) and Senior Citizen Credit ($20,000 assessed value reduction for residents 65+ meeting income requirements). All credits require annual application through the County Assessor's Office with income verification and proof of residency.
Q: How does the Homestead Credit work?
A: The Homestead Credit limits annual assessment increases on owner-occupied properties and provides up to $20,000 in assessed value reduction. You must apply annually, have lived in the property for at least 6 months, and been a WV resident for 2 consecutive years prior to application. This is a credit that requires filing - it is not automatic.
Q: When are properties reassessed?
A: Fayette County conducts property reassessments every three years or as needed for individual properties. The County Assessor's Office reviews market sales data, construction permits, and property improvements to determine current market values.
Q: What happens if I pay my taxes late?
A: Late payments incur penalty and interest charges. After the April 30th final deadline, unpaid taxes accrue interest at 1% per month. Properties with delinquent taxes may eventually be subject to tax lien sales or foreclosure proceedings.
Q: Can I pay my property taxes online?
A: Yes, Fayette County offers online payment options through the Sheriff's Office website. You can pay by electronic check or credit card, though convenience fees may apply for credit card transactions.
Q: How do special district taxes work?
A: Special districts provide services like fire protection, libraries, or economic development to specific geographic areas within Fayette County. If your property is located within a special district, additional levies will appear on your tax bill ranging from $5-25 per $100 of assessed value.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the County Assessor's Office within 30 days of receiving your assessment notice. If not resolved, you can appeal to the County Commission and ultimately to the State Tax Department. Professional appraisals supporting your position are recommended for appeals.
